The goal of Integrative Social Contracts Theory is to provide a framework by which managerial and business decisions can be made with respect to their impact on relevant communities, ethical norms and possible universal moral standards.he goal of Integrative Social Contracts Theory is to provide a framework by which managerial and business decisions can be made with respect to their impact on relevant communities, ethical norms and possible universal moral standards.
Supply Chain Management : Industrial Engineering. Supply Chain Management : Industrial Engineering. The area of engineering that deals with developing, improving, implementing, and evaluating integrated systems that involve finances, information, knowledge, individuals, energy, processes, materials, and equipment is called industrial engineering.
According to the CSCMP , a professional association, that developed the definition, Supply Chain Management encompasses the planning and management of all activities involved in sourcing and procurement, conversion and all logistics management activities.